515 W 2nd St Anderson, IN 46016
Estimated payment $789/month
About This Home
Are you looking for fantastic cashflow? One price, 4+ units! This property offers a good independent unit in the front with 3 apartments in the back, plus storage area (could be converted into an extra unit). Front unit is a 3 bed 2 bath with unfinished basement. Back building offers 3 apartments (1 bed 1 bath each) plus a storage unit. Off-street parking. All 3 units in the back have been recently renovated and are ready to rent.
Listing Agent
Weichert, REALTORS® Brokerage Email: dan@forsaleinindiana.com License #RB21000909 Listed on: 11/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,658
Year Built
- Built in 1885
Lot Details
- 6,250 Sq Ft Lot
Home Design
- Quadruplex
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- Garage
- Parking Storage or Cabinetry
Listing and Financial Details
- Tax Lot 48-11-12-204-034.000-003 186495
- Assessor Parcel Number 481112204034000003
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,658 | $83,000 | $8,100 | $74,900 |
| 2024 | $1,658 | $74,600 | $8,100 | $66,500 |
| 2023 | $1,528 | $68,300 | $7,700 | $60,600 |
| 2022 | $1,532 | $68,500 | $7,200 | $61,300 |
| 2021 | $1,411 | $62,700 | $7,200 | $55,500 |
| 2020 | $1,356 | $60,000 | $6,800 | $53,200 |
| 2019 | $1,323 | $58,500 | $6,800 | $51,700 |
| 2018 | $1,242 | $53,800 | $6,800 | $47,000 |
| 2017 | $1,068 | $53,400 | $6,800 | $46,600 |
| 2016 | $1,068 | $53,400 | $6,800 | $46,600 |
| 2014 | $1,086 | $54,300 | $6,900 | $47,400 |
| 2013 | $1,086 | $54,300 | $6,900 | $47,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2026 03/10/26 | Price Changed | $125,000 | +4.2% | -- | |
| 11/27/2025 11/27/25 | Price Changed | $120,000 | -4.0% | -- | |
| 11/12/2025 11/12/25 | For Sale | $125,000 | +212.5% | -- | |
| 04/25/2019 04/25/19 | Sold | $40,000 | -10.9% | $72 / Sq Ft | View Prior Sale |
| 04/01/2019 04/01/19 | Pending | -- | -- | -- | |
| 11/06/2018 11/06/18 | For Sale | $44,900 | 0.0% | $81 / Sq Ft | |
| 10/09/2018 10/09/18 | Pending | -- | -- | -- | |
| 02/01/2017 02/01/17 | For Sale | $44,900 | +12.3% | $81 / Sq Ft | |
| 01/27/2017 01/27/17 | Off Market | $40,000 | -- | -- | |
| 01/26/2016 01/26/16 | For Sale | $44,900 | +12.3% | $81 / Sq Ft | |
| 01/04/2016 01/04/16 | Off Market | $40,000 | -- | -- | |
| 05/04/2015 05/04/15 | For Sale | $64,900 | -- | $118 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22073096
APN: 48-11-12-204-034.000-003
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Ask me questions while you tour the home.